Business Park to Be Constructed in Brea

A $9-million business park is planned following purchase of 11.1 acres at Palm and Moon Stone streets, Brea, by Investment Building Group of Los Angeles, in partnership with New England Mutual Life Insurance Co. of Boston.

Construction is scheduled to begin in July for six light-industrial buildings, ranging in size from 11,600 to 40,000 square feet and covering 7.6 acres of property. An existing building on the site is leased to Ultra Limousine Co.